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Beijing Media Top Stories: military maneuvers, CNOOC and Japan's white paper ...

The front page of Beijing Morning Post, featuring a photo of Shanghai and Shenzhen's stock index raising to 1100 points again

1. China and Russia to hold their first joint military maneuvers starting from Aug 18 to 25

2. CNOOC (China National Offshore Oil Company Ltd.) Announces withdrawal of Unocal bid

3. Japan's white paper of national defense in 2005 exaggerates the so-called "China threat"

4. The fourth round of six-party talks on Korean Peninsula nuclear issue is close to the end

5. 51 important construction projects (include Olympic sites) to start up this year

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